Commercial Banks to follow Basel II for Risk Management

Q.  Which of the following are to be followed by Commercial Banks for risk management?
- Published on 20 Jul 15

a. Basel II norms
b. Basel III norms
c. Basel I norms
d. Solvency II norms

ANSWER: Basel II norms
Basel II is the second of the Basel Accords which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.

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